PPP Loan information for Student book store inc

$260,982

Student book store inc was initially approved for PPP Loan of amount $260,982, the current approved amount is $260,982. The loan was approved on 02/04/2021 by The Horizon Bank reported 27 jobs and $260,982 was used to fund payroll.

Student book store inc is Existing or more than 2 years old

PPP Loan Search / MI / East Lansing / Student book store inc

STUDENT BOOK STORE INC

Date Approved

02/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STUDENT BOOK STORE INC

Borrower Address

421 E Grand River Ave

Borrower City

East Lansing

Borrower State

MI

Borrower Zip

48823-4432

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260982.00

Current Approval Amount

260982.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48823-4432

CD

MI-07

Jobs Reported

27

NAICS Code

451211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

260982.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263062.71

Forgiveness Date

11/24/2021

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